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Latest Currency News Continued - page 2

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Latest Currency News Headlines

US Dollar to Japanese Yen Exchange Rate Forecast to Slip if Trump Fails to Impress Markets

16 Jan 2017 at 2 PM - Written by James Fuller

The US Dollar to Japanese Yen exchange rate continued to trend near its worst levels since November on Tuesday afternoon, as USD traders sold off the ‘Greenback’ ahead of this week’s Trump inauguration. While the US Dollar is likely to recover slightly in the coming days, its losses may be limited unless Donald Trump is able to stimulate market movement with a hawkish comment or two. Or better; indications that his...

CATEGORIES: Currency Predictions Japanese Yen Forecasts

Heavy Losses Seen as GBP EUR Exchange Rate Drops Down to 1.13 on Brexit Fears

16 Jan 2017 at 1 PM - Written by John Cameron

The British Pound to Euro exchange rate surged on Tuesday afternoon as investors reacted bullishly to the Brexit speech from UK Prime Minister Theresa May. May’s key statements included reconfirmation that Parliament would vote in the final Brexit deal after negotiations were over. Demand for the Euro was mixed throughout the day as traders focused on buying the Pound and selling the US Dollar (USD). As a result however, the...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts

Brexit Fears Send GBP NZD Exchange Rate to 2-Month Low

13 Jan 2017 at 11 AM - Written by Toni Johnson

The Pound to New Zealand Dollar exchange rate fell on Thursday as Brexit jitters returned once the UK government announced that Prime Minister Theresa May’s Brexit speech would take place this coming Tuesday. The ‘Kiwi’ held firm on lasting risk-sentiment. GBP/NZD began the week trending at the level of 1.7662 and as of Friday morning was trending near a two-month-low of 1.7065. Almost six cents down, the pair is not...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound Canadian Dollar Exchange Rate Advances on Risk-Off Trading

13 Jan 2017 at 11 AM - Written by Ben Hughes

Risk appetite generally declined ahead of the weekend thanks to an unexpectedly sharp contraction in Chinese exports, which prompted the Pound Canadian Dollar (GBP CAD) exchange rate to trend higher. Less Dovish BoE Comments Boosted Pound Sterling Confidence in the Pound (GBP) picked up in the wake of comments from Bank of England (BoE) policymaker Michael Saunders, who appeared to be relatively optimistic regarding the...

CATEGORIES: Currency Predictions Pound Canadian Dollar Forecasts

Oil Glut Worries Sends Pound Norwegian Krone Exchange Rate Higher

12 Jan 2017 at 4 PM - Written by James Fuller

The Pound to Norwegian Krone exchange rate hit new weekly lows on Friday afternoon despite oil prices dropped from their best levels on concerns that OPEC’s planned oil output cuts would not be enough to stimulate long-term price increases. This left GBP/NOK close to 10.3399 – its lowest level since before the US election in November 2016. The pair could recover from its worst levels in the next week if oil prices continue...

CATEGORIES: Daily Currency Updates Pound Norwegian Krone Forecasts

Major CHF Gains seen after Trump Turmoil

12 Jan 2017 at 4 PM - Written by Minesh Chaudhari

The Swiss Franc fell from its best levels against the US Dollar on Friday afternoon as market sentiment towards the US Dollar recovered slightly and investors eased their positions on the ‘safe haven’ Franc. Friday’s US data was generally optimistic. While December’s retail sales figures didn’t meet expectations at 0.7%, the 0.6% result was solid enough for markets. Traders were also pleased that the University of...

CATEGORIES: Pound Swiss Franc Forecasts

Mixed German Data Leaves EUR CHF Trending Lower

12 Jan 2017 at 2 PM - Written by Ben Hughes

The Euro to Swiss Franc exchange rate continued to fluctuate within a narrow range on Friday afternoon as no fresh influential data moved the exchange rates from the day’s opening levels. The Swiss Franc may see an increase in demand in the next week however as US President-elect Donald Trump will be inaugurated on the 20th and could see investors flocking to ‘safe haven’ currencies. [Previously Updated 12/01/2017]...

CATEGORIES: Currency Predictions Pound Swiss Franc Forecasts

Pound Sterling (GBP) to US Dollar (USD) Trends Near 31-Year-Lows This Week

11 Jan 2017 at 11 AM - Written by Toni Johnson

The Pound to US Dollar exchange rate slipped from its best levels on Thursday afternoon and fell below the week’s opening levels once again. Sterling became jittery as it was confirmed that UK Prime Minister Theresa May would hold her major Brexit speech next Tuesday. Markets fear May will confirm that she will not be seeking single market access as part of the Brexit process. [Previously updated 10/01/2017] The Pound...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Dollar Forecasts

Concerning UK Trade Data Sends GBP USD Reeling

11 Jan 2017 at 11 AM - Written by Ben Hughes

The Pound to US Dollar exchange rate fell from its best levels since Monday on Thursday afternoon as Sterling was weakened once more by the latest Brexit jitters. Investors became anxious and jittery on the Pound as it was finally confirmed when UK Prime Minister Theresa May would hold high highly anticipated Brexit speech. Though the speech is supposedly intended to offer clarity, markets fear it will be another nail in the...

CATEGORIES: Dollar Pound Forecasts

Conflicting UK Data Releases Leave Investors Wary of UK Currency, GBP NZD Exchange Rate Crashes

11 Jan 2017 at 10 AM - Written by Frank Davies

The Pound to New Zealand Dollar exchange rate continued to trend near the week’s worst levels on Thursday afternoon and is unlikely to recover by the end of the week due to a lack of incoming UK news. The anticipated decision date of the UK Supreme Court is expected to be made at least three working days before judgement is confirmed and will continue to be a focus of GBP traders for the coming week. [Previously updated...

CATEGORIES: Daily Currency Updates Pound New Zealand Dollar Forecasts